OceanFirst Financial Corp. (OCFC)
| Market Cap | 1.11B |
| Revenue (ttm) | 396.65M |
| Net Income (ttm) | 67.13M |
| Shares Out | 57.60M |
| EPS (ttm) | 1.17 |
| PE Ratio | 16.24 |
| Forward PE | 9.22 |
| Dividend | $0.80 (4.19%) |
| Ex-Dividend Date | Apr 27, 2026 |
| Volume | 1,099,051 |
| Open | 19.08 |
| Previous Close | 18.89 |
| Day's Range | 18.93 - 19.29 |
| 52-Week Range | 16.09 - 20.61 |
| Beta | 0.98 |
| Analysts | Buy |
| Price Target | 21.67 (+12.63%) |
| Earnings Date | Apr 23, 2026 |
About OCFC
OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services to retail and commercial customers in the United States. The company accepts deposit products, such as money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing accounts, and time deposits, including brokered deposits. It also offers commercial real estate, multi-family, land loans, construction, and commercial and industrial loans; fixed-rate and adjustable-rate mortgage loans... [Read more]
Financial Performance
In 2025, OceanFirst Financial's revenue was $388.75 million, an increase of 3.25% compared to the previous year's $376.53 million. Earnings were $67.13 million, a decrease of -30.11%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for OCFC stock is "Buy." The 12-month stock price target is $21.67, which is an increase of 12.63% from the latest price.
News
OceanFirst Financial Corp. and Flushing Financial Corporation Announce Receipt of All Requisite Regulatory and Shareholder Approvals to Complete Proposed Merger and Annual Meeting Date
RED BANK, N.J. and UNIONDALE, N.Y., April 27, 2026 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ: “OCFC”) (“OceanFirst”), the holding company for OceanFirst Bank N.A., and Flushing Financial ...
OceanFirst Financial Earnings Call Transcript: Q1 2026
Core EPS rose 23% year-over-year, with strong loan and deposit growth, margin expansion, and stable asset quality. The Flushing merger is on track for Q2 2026 closing, and guidance remains for mid to high single-digit growth and stable expenses.
OceanFirst Financial Corp. Announces First Quarter Financial Results
RED BANK, N.J., April 23, 2026 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:OCFC) (the “Company”), the holding company for OceanFirst Bank N.A. (the “Bank”), announced net income available t...
OceanFirst Financial Corp. Schedules Earnings Conference Call
RED BANK, N.J., April 02, 2026 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:OCFC), the holding company for OceanFirst Bank, today announced that it will issue its earnings release for the qu...
OceanFirst Financial Transcript: EGM 2026
Stockholders approved the issuance of shares related to a merger and investment agreement, with 94% voting in favor. However, the proposed charter amendment to exempt Warburg Pincus LLC from certain provisions did not pass, receiving only 41% support.
OceanFirst Financial Earnings Call Transcript: Q4 2025
Q4 2025 saw strong net interest income and loan growth, with robust asset quality and capital ratios. The announced Flushing merger and Warburg Pincus investment are set to enhance scale and profitability, while guidance calls for continued growth in 2026.
OceanFirst Financial Corp. Announces Quarterly and Annual Financial Results
RED BANK, N.J., Jan. 22, 2026 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:“OCFC”) (the “Company”), the holding company for OceanFirst Bank N.A. (the “Bank”), announced net income available ...
OceanFirst Financial Transcript: M&A Announcement
OceanFirst and Flushing are merging in a $579M all-stock deal, creating a leading Northeast regional bank with $23B in assets and a strong New York presence. The merger targets 35% cost savings, $225M in new capital, and a focus on profitable growth, with integration expected by Q2 2026.
OceanFirst Financial Corp. and Flushing Financial Corporation Announce Merger Agreement and $225 Million Strategic Investment from Warburg Pincus
RED BANK, N.J. and UNIONDALE, N.Y., Dec. 29, 2025 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ: “OCFC”), (“OceanFirst”), the holding company for OceanFirst Bank N.A., and Flushing Financial ...
OceanFirst Financial Corp. Announces Pricing of Subordinated Notes Offering
RED BANK, N.J., Oct. 27, 2025 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (Nasdaq: “OCFC”) (the “Company”), the holding company for OceanFirst Bank N.A. (the “Bank”), today announced the pricing of...
OceanFirst Financial Earnings Call Transcript: Q3 2025
Q3 2025 saw strong net interest income and loan growth, stable margins, and robust asset quality. Outsourcing of residential lending is expected to yield $10 million in annual pre-tax savings, with 2026 guidance targeting 7%-9% loan growth, NIM above 3%, and ROA reaching 1% in early 2027.
OceanFirst Financial Corp. Announces Third Quarter Financial Results
RED BANK, N.J., Oct. 22, 2025 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:OCFC) (the “Company”), the holding company for OceanFirst Bank N.A. (the “Bank”), announced net income available to...
OceanFirst Financial Earnings Call Transcript: Q2 2025
Q2 2025 saw strong revenue and net interest income growth, with EPS impacted by strategic investments in new hires and branch expansion. Asset quality remains robust, capital levels are strong, and guidance calls for continued margin and loan growth, with stable expenses and deposit momentum.
OceanFirst Financial Corp. Announces Second Quarter Financial Results
RED BANK, N.J., July 24, 2025 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:OCFC) (the “Company”), the holding company for OceanFirst Bank N.A. (the “Bank”), announced net income available to...
OceanFirst Financial Corp. Announces 2025 Stock Repurchase Program
RED BANK, N.J., July 16, 2025 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:“OCFC”), (the “Company”), the holding company for OceanFirst Bank N.A. (the “Bank”), today announced that its Board...
OceanFirst Financial Earnings Call Transcript: Q1 2025
Q1 2025 saw strong net interest income and margin growth, robust C&I loan expansion, and stable asset quality. The Premier Bank initiative is expected to drive further deposit growth and margin improvement, with operating expenses set to rise due to new hires.
OceanFirst Financial Corp. Announces Redemption of all Outstanding 57,370 shares of 7.00% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock of OceanFirst Financial Corporation
RED BANK, N.J., April 11, 2025 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ: OCFC) (the “Company”), the holding company for OceanFirst Bank N.A. (the “Bank” or “OceanFirst”), announced today...
OceanFirst Financial Earnings Call Transcript: Q4 2024
Q4 2024 saw net income of $0.36 per share, margin and net interest income expansion, and strong asset quality. Loan and deposit growth returned, expenses rose with acquisitions and hiring, and the company remains focused on organic growth and C&I expansion.
OceanFirst Financial Corp. Announces Quarterly and Annual Financial Results
RED BANK, N.J., Jan. 23, 2025 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:“OCFC”) (the “Company”), the holding company for OceanFirst Bank N.A. (the “Bank”), announced net income available ...
OceanFirst Financial Corp. Declares Quarterly Cash Dividend for Series A Preferred Stock
RED BANK, N.J., Jan. 21, 2025 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:“OCFC”), (the “Company”), announced that its Board of Directors has declared a quarterly cash dividend of $0.4375 p...
OceanFirst Financial Corp. and OceanFirst Bank N.A. Receive Moody's Investment Grade Ratings
OceanFirst Bank N.A. receives Deposit Ratings of A3/Prime-2 and OceanFirst Financial Corp. receives an Issuer Rating of Baa3 OceanFirst Bank N.A. receives Deposit Ratings of A3/Prime-2 and OceanFirst ...
OceanFirst Financial Earnings Call Transcript: Q3 2024
Q3 2024 saw stable net interest income, strong capital growth, and successful acquisitions driving fee and specialty finance expansion. Asset quality remains robust, with cautious optimism for margin and NII growth into 2025. Dividend and share repurchases continue.
OceanFirst Bank Secures $50,000 in Small Business Recovery Grants from Federal Home Loan Bank to Benefit Ten Local Nonprofit Organizations
RED BANK, N.J., Oct. 07, 2024 (GLOBE NEWSWIRE) -- OceanFirst Bank N.A. (the “Bank” or “OceanFirst”), a subsidiary of OceanFirst Financial Corp. (NASDAQ:OCFC), has helped ten nonprofit organizations in...
CommUNITYFirst Day 2024, Held on September 24th, Benefits Thousands
700+ OceanFirst Bank Employees Volunteer 3,000 Hours at Nonprofit Organizations in Four States 700+ OceanFirst Bank Employees Volunteer 3,000 Hours at Nonprofit Organizations in Four States
OceanFirst Bank Announces Voluntary Settlement of Fair Lending Claims by the U.S. Department of Justice and U.S. Department of Housing and Urban Development
Agrees to Commit $14 Million in Residential Lending Subsidy Programs in New Brunswick Area Agrees to Commit $14 Million in Residential Lending Subsidy Programs in New Brunswick Area